PingPong To Enter Europe Via $113M Investment
PYMNTS
JUNE 10, 2019
According to a report , the Chinese startup PingPong, a FinTech company, will invest €100 million ($113 million) in Luxembourg. PingPong and Luxembourg’s relationship goes back to 2017, when the FinTech startup got a payments license in the region, which allowed it to operate between Chinese outfits and customers in Europe.
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